Morgan Stanley has several tailwinds in its favor, from high stock values to a rebound in investment banking and strong trading activity.
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Weekly mortgage demand tanks 17%, after interest rates hit the highest level since August
Mortgage interest rates rose last week for the third straight week, hitting the highest level since August.
Citi upgrades Cisco Systems, says Wall Street is underestimating AI tailwinds
Don’t overlook the AI potential of Cisco Systems, Citi said.
Global chip stocks fall on ASML’s disappointing outlook, possible U.S. export cap
Global semiconductor stocks dropped, after ASML’s third-quarter results pointed to a weaker 2025 sales outlook than the Dutch firm guided previously.
The solid-state batteries hype is fading – prompting auto giants to consider alternatives
Despite the hype around solid-state batteries, some analysts believe an alternative could serve as a bridge between these are traditional lithium-ion batteries.
The solid-state batteries hype is fading – prompting auto giants to consider alternatives
Despite the hype around solid-state batteries, some analysts believe an alternative could serve as a bridge between these are traditional lithium-ion batteries.
Trump PAC has raised about $7.5 million in crypto donations since early June
A political action committee supporting Donald Trump’s presidential bid has raised about $7.5 million in cryptocurrencies.
Alibaba’s international arm says its new AI translation tool beats Google and ChatGPT
Chinese e-commerce giant Alibaba’s international arm on Wednesday launched an updated AI translation tool aimed at merchants that want to sell globally.
Citi names ‘underappreciated’ AI stock as a top pick — giving it 25% upside
The U.S.-based enterprise software firm has already seen its stock price surge by over 50% year-to-date.
Stock futures are little changed after S&P 500 slips from record highs: Live updates
The S&P 500 and Nasdaq Composite slid during Tuesday’s regular trading session, dragged down by chipmakers.